🚀 The 5th TUSI at the Academy of the State Customs Committee 

During the information session, students were introduced to the incubation program and received information about developing a startup idea, building a team, and the opportunities offered within the program. Participants’ questions were also addressed during the meeting. 

You can also join the incubation program — register right now:
https://gub.icenter.az/home

 Within the program, participants will:
• Gain practical knowledge to develop their startup ideas
• Benefit from trainings and mentorship support from industry experts
• Receive guidance on transforming their projects into a product or service
• Build new connections and collaboration opportunities within the startup ecosystem

If you want to bring your innovative ideas to life and take your first step into the startup world, join our program! 

During the first week of July mentors and startups from “INNOLAND“ visit the new “INNOLAND“ Sheki to discover new startups. Participants will be introduced to basic entrepreneurial concepts during 2 days of workshops, followed by a Hackathon to apply the newly gained knowledge and put it into practice. The winners of the Hackathon will be accepted to “INNOLAND“ Sheki 6-month Incubation Program including working space in “INNOLAND“ Sheki Coworking.

Selection Criteria

• over 18
• basic level of English

Agenda:

Day 1: General Workshops

• What is a startup?
• How to come up with a startup idea?
• Market Research: Why and How?
• Value Proposition

Day 2: General Workshops

• Business Model Canvas: Business Modelling, Business Planning
• Lean Methodology
• Pitching

Day 3: Start of Hackathon + Speakers

• Startups from “INNOLAND“ Baku will share their entrepreneurial experience
• Hackathon will be launched: Ideas put on voting, best 5-6 will be chosen for team forming with a goal to form a startup by the end of the Hackathon

Day 4: Teamwork + Mentoring

• Selected teams will work on their projects with the support of “INNOLAND“ mentors + “INNOLAND“ Baku startups.

Day 5: Teamwork, Final Presentations + Winner Announcement

• Half day: Continue teamwork
• Half day: Final Presentations in front of the jury to determine the top 3 teams

For registration: http://bit.ly/2MWFSQX

The “Demo Day” event of the IV “TUSI” incubation program, implemented by the “Innovation Center” of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan, within the framework of the “Skills for the Future” project, has been held.

The objective is to strengthen human capital in the field of innovation and promote innovative activities in education. At the same time, creating conditions for the development of students’ innovative ideas and directing them toward invention and startup activities are among the key priorities.

The event was attended by Ulvi Mehdiyev, Chairman of the State Agency; Firudin Gurbanov, Deputy Minister of Science and Education; Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency; Bakhtiyar Aslanbayli, Vice President for Communications and External Affairs for the Caspian Region at bp; as well as rectors of higher education institutions in the country.

Within the framework of the event, a Memorandum of Understanding on “Cooperation in the Formation and Development of an Innovation Environment in Universities” was signed between the State Agency and newly joined institutions — Azerbaijan Medical University, Azerbaijan State Pedagogical University, and the Academy of the State Customs Committee.

Afterwards, the guests ознакомились with the projects of the startup teams.

During the event, speeches by officials were delivered, and a video highlighting the work carried out within the project was presented.

Sixteen startup teams that successfully completed the IV “TUSI” incubation program presented their projects. Based on the jury’s evaluation, the top three projects were granted the opportunity to become residents of the INNOLAND Incubation and Acceleration Center. The first-place winner also earned the right to participate in the “Take Off Istanbul” startup summit.

Detailed information was provided about the upcoming V “TUSI” incubation program. Through intensive training covering 10 main topics and 34 sub-modules, the program offers participants extensive opportunities for building startups, systematically developing ideas, and integrating into the innovation ecosystem.

Since 2021, cooperation has been established with 15 higher education institutions within the framework of the project; more than 300 startup ideas have been submitted by over 3,000 students. With the support of more than 130 trained university mentors, 29 startup teams have been formed and have presented their projects at “Demo Day” events.

To date, four startups formed within the “Skills for the Future” project have attracted a total of 310,000 AZN in investment.